Rezoning laws passed in May 2005 are turning manufacturing and shipbuilding center Greenpoint into a hotbed of development and luxury living. Nestled in the northernmost section of Brooklyn and surrounded by waterways on three borders, Williamsburg’s neighbor to the north lies only a short distance from both Manhattan and Queens.

Greenpoint’s rezoning permits luxury highrises on both its East River and Newtown Creek borders. Multiple developers have jumped at the opportunity to build hi-end condos and retail spaces. To restructure the vast tracts of land filled with vacant manufacturing buildings, a waterfront park and riverfront promenades have also been proposed. With these improvements, the projected increase in the area’s population is estimated to be 40,000 in the next few years with an expected correlated increase in property values and real estate tax revenue.

A multi-ethnic neighborhood that includes Polish, Puerto Rican, Russian, Dominicans, the community has seen a recent influx of artists and bohemians who have flocked to the area’s low rents and proximity to hipster central — Williamsburg. The G subway line connects Greenpoint to Queens and Brooklyn and the L train into Union Square may be a 15 minute walk from certain parts. Historic structures include the Russian Greek Orthodox Church of the Transfiguration of Our Lord, a Byzantine style structure with onion-shaped towers and The Brooklyn Pratt Works of the Socony-Vacuum Oil Company built in 1867.

Long-time Greenpoint residents have worked over the years to clean up the waterways alongside the Riverkeeper conservation group. Its efforts are paying off and the area is primed for its current revitalization.

Beautiful Williamsburg Condo with Private Backyard$1,445,000
2 Bed, 2 Bath Duplex With Two Level Garden in Greenpoint$1,995,000
Huge Duplex Loft with Garden in Greenpoint$2,295,000
Brand New Floor-through Three Bedroom, Two Bath Home in Greenpoint$1,695,000
Brand New 2 Bed 2 Bath Penthouse Duplex With Large Terrace, in Greenpoint$1,875,000
Immaculate One Bedroom Greenpoint Condo$795,000
Gorgeous 2 Bedroom Greenpoint Condo$999,000
Brand New Two Bedroom, Two Bath Oasis in Greenpoint$1,263,870
Brand New One Bedroom by McCarren Park with Private Balcony$790,000
Brand New 2 Bed 2 Bath Penthouse Duplex With Large Terrace, in Greenpoint$1,850,000
Modern - Duplex 2 Bed/2 Bath - Large Private Balconies - Prime Williamsburg Location$1,099,000
Brand New Construction One Bedroom by McCarran Park with Private Balcony$795,000
GREENPOINT 282 | Greenpoint's Newest Duplex Condominiums$1,249,000
20 Hausman Street$795,000 - $1,295,000
Chic Triplex Condo in Greenpoint$1,295,000
Brand New Convertible  1 Bed, 1.5 Bath Duplex in Greenpoint$895,000
BAYARD MANOR IN GREENPOINT$885,000 - $2,750,000
Immaculate Duplex Penthouse with City Views$2,350,000
GREENPOINT 282 | Greenpoint's Newest Duplex Condominiums$925,000
868 Lorimer Street$1,575,000 - $4,000,000
Beautiful One Bed Condo On A Tree Lined Block In The Best Location In  Williamsburg-Greenpoint.$724,750
Two Family House With Huge Store And Basement On Manhattan Ave Ave.$3,149,999
Legal 2 Family Building.$1,725,000
The Property Is On A 25 Ft X 100 Ft Lot.$1,950,000
Beautiful 2 Family Brick (3 Levels) In Prime Greenpoint.$1,949,000
Lorimer 5 BR Multi-Family Williamsburg Brooklyn$2,175,000
Family Brick/Frame Facade (3 Levels) In Prime Greenpoint!$2,195,000
Family In Prime Greenpoint.$1,400,000
Large 3 Family Home With Yard.$2,199,000
Location Location Location!!!$1,825,000
Boutique Luxury Condo - Prime Williamsburg Location - Spacious Duplex$895,000
Russell 7 BR Multi-Family Greenpoint Brooklyn$1,999,000
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